PNB Housing well capitalised to support loan growth: Girish Kousgi

‘The company last year took a conscious call not to grow the corporate side of the book.’ Housing finance company (HFC) PNB Housing is planning to focus on reducing delinquencies in 2023-24. Its managing director & chief executive officer Girish Kousgi tells Nikesh Singh in a conversation in New Delhi that he sees a huge opportunity for the company in […]

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Open AI CEO Confirms Continuing Operations In EU Despite Strict AI Laws

OpenAI CEO, Sam Altman, dismissed possibilities that the company might leave the European Union due to non-compliance with strict AI regulations. This response followed a rebuke from a senior official, who pointed out that Altman’s previous comments about the potential for an exit should be seen as blackmail. Altman is currently undertaking a global tour across Europe to engage with […]

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European Shares Extend Gains On US Debt Deal Hopes

European stocks rose on Friday to extend gains from the previous session as investors shrugged off hawkish rhetoric from Fed speakers and remained hopeful that the U.S. will avert a catastrophic debt default. In economic releases, Germany’s producer prices posted their slowest annual growth in two years in April, Destatis reported earlier today. Producer prices registered an annual growth of […]

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Laika Adds Jeremy Kipp Walker, Chaz Salembier To Live-Action Team

EXCLUSIVE: Laika has named two executives to its expanding live-action division, with Jeremy Kipp Walker joining the company as Executive Vice President of Live-Action Production and Chaz Salembier taking on the role of Creative Vice President, Live-Action Film.  Related Story MGM+ Names Josh McIvor As Global General Manager Effective immediately, both executives will report to Matt Levin, who joined Laika […]

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Angela Bassett Remembers Tina Turner: She “Showed Others Who Lived In Fear What A Beautiful Future Filled With Love, Compassion, And Freedom Should Look Like”

Angela Bassett received her first Oscar nomination for her portrayal of Tina Turner in the iconic 1993 biopic What’s Love Got To Do With It? Bassett today remembered the legendary Queen of Rock ‘n Roll who died today at the age of 83. “How do we say farewell to a woman who owned her pain and trauma and used it […]

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Biden Vetoes Repeal Of Tariffs Moratorium On Solar Imports From Southeast Asia

President Joe Biden has vetoed House Resolution 39 to overturn a two-year moratorium on solar tariffs from Southeast Asia. Waiving the moratorium on solar tariffs imposed on equipment produced in Cambodia, Malaysia, Thailand and Vietnam would have jeopardized the momentum the U.S. solar industry is building, Biden said in a stataement explaining his decision to veto the resolution. Biden said […]

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